Breville to Achieve ~A$3 Billion Revenue Opportunity

  • Jul 14, 2020 AEST
  • Team Kalkine

Breville Group Limited (ASX:BRG) have the opportunity to achieve nearly A$3.1 billion of the A$10-billion international serviceable market by the fiscal year 2030, as predicted by analysts at Morgan Stanley.

Notably, in the first half of the FY20 revenue of Breville climbed by 25.4% to total A$552 million. On 16 June 2020, Breville disclosed successful completion of its A$10 million underwritten share purchase plan (SPP), and on 14 May 2020, the Company completed a fully underwritten A$94 million placement to its eligible institutional investors.

On 14 July 2020, BRG closed on at A$24.240 climbed by 5.529%.


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